US Financial Stocks Tumble Most In 2 Years, Catch Down To Credit, Red In 2014

by Tyler Durden
ZeroHedge.com
10/15/2014

Despite manufactured earnings reports that apparently ‘beat’ US financial stocks are the worst performer today and down 9% from its highs in mid-September. Today’s drop in XLF – the Financials ETF – is the biggest since Nov 2012, and is red for 2014 now. Of course, this should not be a total surprise since US financial credit spreads have been flashing a much less exuberant tone for a few weeks…

The Rest…HERE

This entry was posted on Wednesday, October 15th, 2014 at 12:34 pm and is filed under Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.